Which Two of the Following Four Conditions Are Most Apt

question 17

Multiple Choice

Which two of the following four conditions are most apt to cause a quarterly cash shortfall for a firm which is financially sound?
I. a relatively constant level of sales
II. periodic expenditures for major equipment purchases
III. a steady dependence on a constant level of external financing
IV. highly seasonal sales

• A) I and III only
• B) II and IV only
• C) III and IV only
• D) I, II and III only
• E) II, III and IV only

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Definitions:

Methane

A colorless, odorless flammable gas that is the simplest alkane, used as a fuel and in chemical synthesis, with the chemical formula CH4.

Resonance Structures

Different Lewis structures for a molecule that cannot be represented by a single structure but are a hybrid of the possibilities, contributing to the molecule's overall structure.

Valence Shell

The outermost shell of electrons in an atom that is involved in chemical bonding.

Electron Pair Repulsion Theory

A theory in chemistry that describes the shape of molecular structures in terms of the repulsive forces between electron pairs in the valence shell of the central atom.